MBA colleges in Germany offer a great choice of 1–1.5-year courses to choose from and pursue your career, which offers the most potent curriculum on business and financial management subjects. Many international students decide to do an MBA in Germany because of its remarkable architecture, world-class infrastructure, and updated curriculum. Germany is always ahead in terms of technology and business science, putting the rest of the world behind and pulling tonnes of foreign candidates for their post-graduation in Germany. Only a few countries' MBA programs stand out; without a doubt, Germany is one of them, and in recent times it has topped the list of countries that offer MBAs. With a globally acclaimed education system, Germany must be on the list of countries you consider when studying for an MBA abroad. Go through the entire blog to get the most comprehensive list of the best MBA colleges in Germany.
Why Study MBA in Germany?
The first reason to study MBA in Germany is that the country's universities offer a wide range of MBA specialisations and provide students with the managerial skills and knowledge needed to run a business smoothly. Pursuing an MBA in Germany allows students to have global exposure and earn an internationally recognised degree. As most of the world's best minds come out of German universities yearly, Germany has become a prominent study destination for MBAs. Most importantly, many public universities in Germany either cost nothing or offer affordable tuition fees. Apart from the education system, universities, and all this, the work-life balance in the country is the most important reason why more international students are pursuing an MBA in Germany.
Top MBA Colleges in Germany
Universities for MBA in Germany are consistently ranked among the world's best universities in the QS global rankings, and most are considered the best among the best universities in the world. Germany is known for its versatile program structures, so students from all over the world visit Germany to pursue an MBA program. Here we list the best colleges, universities, and institutions for an MBA in Germany.
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Universities
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MBA tuition fees
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GISMA Business School - GUS
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INR 10 L - 16 L
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IU University of Applied Sciences (formerly IUBH
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8.83 lakhs.
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Macromedia University of Applied Sciences
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INR 10 L - 12 L
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ISM International School of Management GmbH
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₹22.40 Lakh
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Berlin School of Business and Innovation
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7.74 lakhs to 11.395 lakhs INR
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Top 5 MBA colleges in Germany
Here are the top five MBA colleges that most international students choose to study at in Germany. MBA programs in Germany offer the best deals in terms of opportunities for skilled professionals. If you are planning to apply for an MBA in Germany, it's a great choice. You can choose any of the MBA schools and universities below for your benefit.
Mannheim Business School
Students on the Mannheim MBA usually have a 12-month program, which can be extended with a three-month internship program or exchange opportunities. Mannheim business schools look for motivated and studious students to attend the Social Class Project, which is an integral part of the MBA program. This business school gained the highest rank among other German universities for its independent curriculum and implementation of newer business strategies in the MBA program. Mannheim is perfect for a better return on investment as the average MBA graduate earns US$38,305 on average.
- Tuition fees: US$46,500
- Students in the class: 60
- Percentage of female students: 33.5 percent
- Percentage of international students: 84.36 percent
Frankfurt School of Finance and Management
The Frankfurt School of Finance and Management stands out regarding employability and opportunities. This business school has all the eligibility to be number two on this list of top MBA colleges in Germany. Basically, a full-time MBA program in Frankfurt is 12 months long and divides the entire course into several modules, electives, and a thesis period. In comparison, the college offers a thesis-based curriculum that allows students to demonstrate their various analytical and research competencies by putting elaborate efforts into a major project. Implementing an entrepreneurial skills workshop the school conducts prepares the candidates to nurture their own businesses. Unsurprisingly, apart from the program, Frankfurt school has many good amenities outside the classroom, such as multiple student initiatives in sport, arts & culture, social engagement, and personal & professional development.
- Tuition fees: US$48,498
- Students in the class: 48
- Percentage of female students: 48.65 percent
- Percentage of international students: 87.54 percent
WHU-Otto Beisheim School of Management
WHU-Otto Beisheim's MBA program is 12 months in duration, and the school secured the 23rd rank in the Global QS rankings for top MBA schools and colleges in 2022. This shows the institute's educational excellence in providing the best core modules such as Global Economy; Business in Society (CSR); New Technologies & Business Trends; Organizational Behaviour, and more. Students can also take extracurricular courses in business strategy, process management, and other managerial practices to improve their job profile for the German job market. The MBA program at WHU-Otto Beisheim School of Management is considered one of the best MBA programs in Germany.
- Tuition fees: US$44,750
- Students in the class: 36
- Percentage of female students: 38.65 percent
- Percentage of international students: 85.7 percent.
The European School of Management and Technology, Berlin
The European School of Management and Technology was founded in 2002 and is located in the capital city of Germany. According to the QS global rankings, this business school never fails to rank among the best MBA institutes in Germany. The prime aim of this business school is to bring leadership qualities and entrepreneurial skills to its students by offering the following core principles:
- Leadership and Personal Development;
- Innovation & Entrepreneurship;
- Strategic Leadership; and
- Managerial Analytics.
In terms of nurturing global business leaders, ESMT Berlin tops the list and offers a perfect 12-month MBA program.
- Tuition fees: US$49554
- Students in class: 55
- Percentage of female students: 35.65 percent
- Percentage of international students: 97.95 percent
HHL Leipzig Graduate School of Management
HHL Leipzig Graduate School of Management needs no introduction as it is one of the world's oldest business schools, established in 1898. HHL offers deep dives where students can learn about the core concepts of business management and follow a student-friendly teaching approach with its curriculum. Students can choose any of the refresher MBA courses in HHL Leipzig Graduate School of Management as the business school offers a wide range of MBA programs. The 18-month MBA program at HHL comprises the following essentials:
- Business Administration and Economics
- Leadership and Reflection
- Entrepreneurship & Disruption.
By the end of their studies, students can have their job-ready for top management positions in hand due to the schools' reputation in the German market.
- Tuition: US$43,900
- Students in the class: 56
- Percentage of female students: 36.5 percent
- Percentage of international students: 90.10 percent
MBA in Germany: Types of Specializations
All MBA programs in Germany mainly focus on business development, sustainable business analysis, innovation, and big data. Most of the MBA programs in Germany are available as one-year or two-year programs with multiple specialisations to choose from. With different types of MBA programs offered by different universities, students can now pick their best-fit specialisation as there are many options available these days to opt for. So, MBA programs in Germany are a great option as the country and its universities offer an excellent alternative via various specialisations for pursuing MBA courses.
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MBA Specialization
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University
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MBA in Entrepreneurship
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GISMA Business School
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MBA in Finance
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Berlin School of Business & Innovation
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MBA in Leadership
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Mannheim Business School (MBS)
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MBA in International Management
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IU International University of Applied Sciences
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MBA in HR
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Frankfurt School of Finance and Management
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MBA in Innovation
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WHU - Otto Beisheim Graduate School of Management
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MBA in Marketing
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HHL Leipzig Graduate School of Management
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How to apply for the MBA program in Germany?
The application process to study for an MBA in Germany can be applied online. Still, before that, one needs to follow a few steps to complete the entire process:
Find and analyse your career goals and preferences.Before starting your exploration, identify your academic and career pretensions. There are many specialisations available in MBA programs in Germany. According to your career plans, pick the right specialisation for you.
Check the eligibility criteria for MBA programs at your shortlisted universities.
Each university has common eligibility criteria for studying for an MBA in Germany, and candidates must check for that eligibility and proceed relevantly. The following are the common eligibility criteria for pursuing an MBA in Germany:
- A relevant bachelor's degree in relevant subjects.
- A valid score in competitive exams such as GMAT, GRE, IELTS, or TOEFL as per the requirement.
- A basic understanding of the German language is preferable.
- Need to have a minimum aggregate academic score of 60%.
- Need to clear an entrance exam conducted by the university to study for an MBA course in Germany.
- Relevant work experience of at least 1-3 years.
Keep an eye on the deadline and all the documents required for the applicationFor the admission process, you'll bear some of the supporting documents for your operation. Generally, the application process needs the following documents:
Take the entrance exams as required by the universityEach German university's entrance test has its own significance and ideals and differs with each university and the courses. You'll need to submit any of the following
English language proficiency test scores.
- TOEFL
- IELTS
- GRE
- GMAT
- TestDaF
- DSH
Collect all the required documents for the admission process
Once you have appeared and cleared your examinations, it's time to assemble all the documents for admission. Don't miss a single document to be submitted. Or else it'll drop your chances of admission.
- A Letter of Recommendation (LoR).
- A Statement of purpose (SoP).
- Collect your test score results.
- Collect all certificates related to previous degrees.
- Work experience letters from previous companies.
Time to fill out the application form and submit it.Applications for MBA colleges can be filled out and submitted online along with all the relevant scanned copies of documents, converted into PDF or JPG format, and uploaded. You may also be asked to pay an application fee.
What are the prospective Career Opportunities in Germany?
Germany was a country that was always known as a great place to work for international graduates. Also, the country is one of the most economically sternest nations in the world, so finding a job as an MBA graduate won't be tough anyway. However, choosing the right university and MBA program is vital in securing a high-paying and promising career in Germany. Some main sectors are looking for international students who successfully complete MBA degrees, such as chemicals, engineering, electronics, IT, machinery, coal, vehicles, machine tools, food and beverages, shipbuilding, and textiles. Check out some of the highest-paying MBA specialisations in Germany below:
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MBA Specialization
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Average Annual Salary in Euro
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MBA In Finance and Accounting
MBA In Business law
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EUR 335,000
EUR 130,000
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MBA In Economics
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EUR 64,000
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MBA In Digital Business Management
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EUR 104,000
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MBA In Marketing
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EUR 104,000
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Still unclear about anything? Well, not to worry. Contact AECC and get your queries answered today!
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FAQs About MBA Colleges in Germany
What is the cost of MBA in Germany?
If you are studying for an MBA in Germany, the expenses will vary depending on the institute you attend. The average cost of an MBA in Germany is between 14 and 33 lakh euros.
Is Germany good for MBA?
MBA graduates from Germany are in great demand all around the world, especially because the German education system is well acclaimed. The selection of courses available has also become more international as a result of the Bologna revolution.
How long is MBA in Germany?
The duration of your MBA programme in Germany varies per university. Full-time MBA and Executive MBA programmes in Germany typically run between 12 and 24 months. Some courses grant a 15-month, 18-month, or 20-month exemption.
What is the eligibility for MBA in Germany?
However, the following are the general conditions for getting an MBA in Germany: A bachelor's degree in relevant areas equal to a German bachelor's degree, which might be a 4-year degree or a 3-year degree plus a 1-year master's degree. Few universities in Germany recognise a three-year bachelor's degree for MBA study.
Do I need GMAT for MBA in Germany?
For MBA aspirants, most colleges demand GMAT scores. Some colleges, however, offer MBA programmes that do not need the GMAT. Many colleges in the nation allow three-year Bachelor's programmes for individuals pursuing MBAs.
